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Residential Income
$1,175,000
244 NW 32nd St Miami, FL

A12010516

230 of 526 for Sale
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an agent
  • Listed On:

    Apr 30, 2026
  • Days on Market:

    28
  • Year:

    1937
  • Taxes:

    $1,259,172 per year
  • Floor Description:

    Other
  • Occupancy:

  • Zoning:

  • Parking:

244 NW 32nd St Miami, FL Investment & Development Opportunity in Wynwood Norte Seize a unique opportunity in the highly sought-after Wynwood Norte with this prime investment property. Strategically positioned near Wynwood, Midtown, and the Design District, this site offers immediate cash flow with massive future development upside. Zoning & Development PotentialZoning: T4-R with the NRD-2 Zoning Overlay. Density: Boasting 150 units per acre, allowing for the construction of up to 24 units by right. Parking: Development can be completed without parking requirements. Versatility: Alternatively, the site can be transformed into an upscale townhome development, benefiting from easy access to I-95. Operational Highlights Low Overhead: Tenants pay all utilities and maintenance, ensuring a streamlined operation for the owner. Condition: The roof is in excellent shape—well-maintained with no leaks or issues. Location & Market Growth Nestled just south of the Design District and west of Midtown, Wynwood Norte is undergoing rapid growth following the expansion of Wynwood. With over 6,000 residential units and 2 million square feet of office space in the immediate vicinity, this property is your chance to be part of the next big wave in Miami`s dynamic real estate market. Note: DO NOT DISTURB TENANTS.

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